Popeyes

4236 Edgmont Ave, Brookhaven, PA 19015

$2,300,000

Cap Rate 5.00%

View OM

DOM: 9 Updated: 09.05.25 Posted: 09.05.25 Status: Active 09.05.25

Summary

Price $2,300,000	Built/Renov 2022	Tenant Popeyes
Cap Rate 5.00%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 2,433	Lease Start 02-11-2022	#Units 4,979
Price/SF $945.33	Expiration 01-31-2042	Tenant Type Fast Food/QSR
NOI $115,000	R. Term 16.4	Ownership Fee Simple
Rent/SF $47.27	Increases 10.0%/6/yrs	Pop 5Mi 215,230
Lot/AC 0.68	Options 2/5yrs/12%	AHHI 5Mi $119,033

Highlights

Brand-new 2022 construction featuring Popeyes’ latest prototype with drive-thru and off-street parking
Absolute-net ground lease with over 17 years remaining, expiring January 31, 2042
Lease guaranteed by AP Northeast Management, a 22-unit Popeyes operator backed by Parikh Network with 190+ restaurants
Scheduled rent increases of 10% every five years in base term, 12% increases in option periods
2,433 SF restaurant on 0.68-acre parcel along Edgmont Avenue with 22,447 vehicles per day
Located 13 miles from Center City Philadelphia in affluent, densely populated Delaware County submarket
Surrounded by Lowe’s, Aldi, Chick-fil-A, Wawa, CVS, McDonald’s, Starbucks, Walgreens, and The Shoppes at Brookhaven

Location Description

Popeyes is strategically located along Edgmont Avenue in Brookhaven, Pennsylvania, with access to a daily traffic count of approximately 26,560 vehicles. The site is surrounded by major national retailers including Walmart Supercenter, Giant, LA Fitness, Dunkin’, etc, driving consistent consumer traffic to the area. The property is located near several schools, residential communities, and new...

...

Key Features

New construction
Hard corner intersection
Major thoroughfare
Near major nationals
Dense 100M+ pop 5 mi
Strong demographics
Long 20+ yr lease
Absolute NNN
Over 2000 units backed
Corporate Guarantee

...

Links

Popeyes | Brookhaven, PA Wikipedia Popeyes Wikipedia Brookhaven, PA Zip Code 19015 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Popeyes
Guarantor:Corp T and Rated
Company:Restaurant Brands International, Inc.
# Units:4,979
Tenant S&P: BB
Stock: NYSE: QSR

About Tenant

Popeyes Louisiana Kitchen, Inc., also known as Popeyes, is an American multinational chain of fried chicken fast food restaurants founded in 1972 in New Orleans, LA. Popeyes distinguishes itself...

...

Listing Broker

Matthew Gorman

CBRE: NLPG Philadelphia

Contact

65 Listings
19389 Views
37 Sold

Michael Shover

CBRE: NLPG Philadelphia

Contact

65 Listings
19389 Views
37 Sold

Matthew Gorman

Matthew Gorman joined CBRE as Senior Vice President in 2015 specializing in the sale of Net Lease properties in the Mid-Atlantic Region and throughout the country. Matthew and his team's primary goal is to execute for their clients at the highest level by representing their best interests professionally, honestly and with integrity in all aspects of the marketing and sales process. Shortly after joining CBRE, Matthew was inducted into the exclusive Net Lease Property Group, leading the Philadel

...

Michael Shover

Michael Shover joined CBRE as Senior Vice President in 2015 specializing in the sale of Net Lease properties in the Mid-Atlantic Region and throughout the country. Shortly after, Michael was inducted into CBRE’s exclusive Net Lease Property Group, leading and specializing in the Mid-Atlantic area. The Net Lease Property Group comprises of a team of senior advisors located within major metropolitan areas throughout the United States who are dedicated to transacting single-tenant assets and net-l

...

Disclaimer & Confidentiality

All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT